Boundaries Road, London, SW12

At £425,000, this 898 sq ft maisonette is priced at £473 per sq ft, around 43% below the local average—a compelling entry point for a substantial renovation project. The photographed interiors are worn and dated, with incomplete flooring and visible making-good needed in several rooms; the kitchen and bathroom also offer clear scope for replacement. The intact-looking frontage is a plus, while the property’s own entrance, two storage areas and roughly 48ft west-facing rear garden give the finished home distinctive appeal. It is being sold by the Modern Method of Auction: bidding can take the hammer above the guide, so the eventual price may not stay this cheap.

The three-bedroom, two-floor layout offers room to create a more tailored home, with reconfiguration potential subject to feasibility and any required consents. This is a heavy, multi-room programme rather than a cosmetic refresh, but the asking price and house-like features make it an interesting canvas for buyers prepared to manage the work.